True. A business is run by people so as far as possible the
people there should be touched last. Easier for me to say this here
than for me to act if I am confronted with the situation.
I suppose one could cut the profit margin....
If I go back to discussing property, you are the second
person that tells me "Property down does not means people are
unhappy", although I am trying my best to link "cut cost of living"
to "lower in property price"
But if I just sink in $600k into the 5 room AMK flat and
next year I am seeing next door resaling 5 room at $300k, wouldn't
I feel very unhappy?
To seek the easy way in business cost is to cut wages,
retrenchment is also a cut in wages, so to speak, if wages come
down, workers suffer, bosses and the rich ones still remain the
same. And when workers/wage earners who lost his/her job or wage
reduced, they cannot keep up with the inflation, installment,
bills..etc etc, they sell their properties to survive, with so many
selling, price of property goes down, and the rich ones/bosses will
take this opportunity to buy at a low cost from the wage earners.
So, the wage earners is in a lost lost condition, whereas the
bosses/rich ones are in a win win situation.
Property down does not means people are unhappy, some take it as
an opportunity to exploit further. Afterall, if these rich ones dun
sell their millions dollars house, up or down is not worrying for
them, it is only a paper lost.
